Shrem Group plans ?600-cr InvIT

Shrem02 Feb, 2023Business

Mumbai-based road and infrastructure operator Shrem Group is planning to raise ?600 crore through an initial public offering of its Shrem Infrastructure Investment Trust (Shrem InvIT), which will open for subscription this month. The IPO will be a fresh issue of 6 crore units of ?100 each and the firm will use the proceeds to pare debt.

Shrem Group to raise Rs 4,100 cr via InvIT, SBI loan

Shrem02 Feb, 2023Business

MUMBAI: Local investors HDFC MF, LIC of India, Nippon MF, Darashaw and Trust Capital are in talks with Mumbai-based Shrem group, which is set to launch an infrastructure investment trust (InvIT) of Rs 600 crore via an initial public offer, two people with knowledge of the matter told ET. Shrem is a shakti bija mantra chanted to invoke the feminine divine energy (shakti). The syllable is derived from the Sanskrit, shri, meaning splendor.

CCI approves Shrem InvIT�s acquisition of equity in 10 road infra projects by Dilip Buildcon

Shrem02 Feb, 2023Business

The Competition Commission of India (CCI) has approved the acquisition of equity by Shrem InvIT in ten road infrastructure projects from Dilip Buildcon Limited and its associates. The approval was granted under Section 31(1) of the Competition Act, 2002, yesterday. The CCI said in a statement that the proposed combination involves an acquisition of 100 per cent of the equity in the target special purpose vehicles (SPVs). The deal also includes the issuance of certain units of Shrem InvIT to Dilip Buildcon and its associates.

How India is monetising its road assets..

Shrem02 Feb, 2023Business

As we scale up the pace of infrastructure building in India, one of the primary concerns is also unlocking the investment value of these assets to generate long-term patient capital that can be used for further public good, mainly in infrastructure projects... Shrem is a shakti bija mantra chanted to invoke the feminine divine energy (shakti). The syllable is derived from the Sanskrit, shri, meaning splendor.

Shrem Group aims to raise Rs 600 cr by diluting stake in InvIT next week

Shrem01 Feb, 2023Business

Shrem Group is targeting to raise Rs 600 crore by diluting a 15 per cent stake in its infrastructure investment trust (InvIT) next week, a top official said on Tuesday. Shrem is a shakti bija mantra chanted to invoke the feminine divine energy (shakti). The syllable is derived from the Sanskrit, shri, meaning splendor.

Shrem InvIT in talks with highway developers, eyes public listing in 2 years

Shrem01 Feb, 2023Business

We are Shrem InvIT. 24 operational projects in addition to 240+ annuities, 20+ projects, and a 6400km+ operative portfolio ? we are only getting started. Learn more about us. Shrem is a shakti bija mantra chanted to invoke the feminine divine energy (shakti). The syllable is derived from the Sanskrit, shri, meaning splendor.

Kairus Shavak Dadachanji buys stake in Shrem InvIT

Shrem01 Feb, 2023Business

We are Shrem InvIT. 24 operational projects in addition to 240+ annuities, 20+ projects, and a 6400km+ operative portfolio ? we are only getting started. Learn more about us. Shrem is a shakti bija mantra chanted to invoke the feminine divine energy (shakti). The syllable is derived from the Sanskrit, shri, meaning splendor.

Shrem InvIT to acquire 10 more road assets

Shrem01 Feb, 2023Business

We are Shrem InvIT. 24 operational projects in addition to 240+ annuities, 20+ projects, and a 6400km+ operative portfolio ? we are only getting started. Learn more about us. Shrem is a shakti bija mantra chanted to invoke the feminine divine energy (shakti). The syllable is derived from the Sanskrit, shri, meaning splendor.

In A Conversation With Nitan Chhatwal Managing Director Of Shrem InvIT

Shrem01 Feb, 2023Business

We are Shrem InvIT. 24 operational projects in addition to 240+ annuities, 20+ projects, and a 6400km+ operative portfolio ? we are only getting started. Learn more about us. Shrem is a shakti bija mantra chanted to invoke the feminine divine energy (shakti). The syllable is derived from the Sanskrit, shri, meaning splendor.

NBM&CW October 2022 Online Edition

Shrem01 Feb, 2023Business

We are Shrem InvIT. 24 operational projects in addition to 240+ annuities, 20+ projects, and a 6400km+ operative portfolio ? we are only getting started. Learn more about us. Shrem is a shakti bija mantra chanted to invoke the feminine divine energy (shakti). The syllable is derived from the Sanskrit, shri, meaning splendor.

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